Large net inflows into investment funds in January

[2017-02-10] In January total net sales of investment funds amounted to SEK 7 billion. The largest deposits were made in equity funds, followed by balanced funds. In contrast, net withdrawals were made from fixed income funds. The total fund assets in Sweden increased during January by SEK 12 billion and amounted at the end of the month to a new record-high level, SEK 3 580 billion.

Investment funds recorded a total net inflow of SEK 7 billion in January. Equity funds recorded net deposits of SEK 8 billion and balanced funds had a net inflow of 2 billion. Money market funds and bond funds, on the other hand, recorded net outflows of SEK 2.3 and 1.5 billion respectively in January.

 

In January, fund investors sold fixed income funds and bought equity funds. The largest net inflows went to Sweden- and global funds, markets where investors already have large fund investments. Worth noting is also that index funds continues to account for a large part of the total net inflow into equity funds, says Fredrik Pettersson, Chief Analyst of the Swedish Investment Fund Association.  

In January, the value of the Stockholm Stock exchange (including dividends) rose by slightly more than 1 percent. Equity funds had a total net inflow of SEK 8 billion and the largest net deposits were made in Sweden funds and global funds.

 

Bond funds recorded net withdrawals totaling SEK 1.5 billion in January. Of this, a marginal part (EK 34 million) constituted withdrawals from corporate bond funds.

 

The total fund assets in Sweden increased in January by SEK 12 billion and amounted at the end of the month to a record-high SEK 3 580 billion. Of the total fund assets, SEK 2 046 billion (equivalent to 57 percent) was invested in equity funds.

 

 

For information about the statistics:
Fredrik Pettersson, Chief Analyst, the Swedish Investment Fund Association
+46 (0)8 506 988 03, +46 (0)733-12 55 77, fredrik.pettersson@fondbolagen.se

Fredrik Hård, the Swedish Investment Fund Association
+46 (0)8 506 988 08, fredrik.hard@fondbolagen.se

 

Members of the Swedish Investment Fund Association:
Aktie-Ansvar, Alfred Berg Fonder, AMF Fonder, Avanza Fonder, Aviva Investors, BMO Global Asset Management, Carnegie Fonder, Catella Fonder, Danske Invest, Didner & Gerge Fonder, DNB Asset Management, East Capital, Enter Fonder, FCG Fonder, Fidelity International, FIM Fonder, First State Investments, Franklin Templeton Investments, Granit Fonder, Handelsbanken Fonder, Healthinvest Partners, Holberg Fonder, HSBC Global Asset Management, ISEC Services, J.P. Morgan Asset Management, Lannebo Fonder, Länsförsäkringar Fondförvaltning, Monyx, Movestic Kapitalförvaltning, Naventi Fonder, Navigera, Nordea Fonder, Odin Fonder, SEB Investment Management, Simplicity, Skagen Fonder, Skandia Fonder, Solidar Fonder, SPP Fonder, Swedbank Robur Fonder, Söderberg & Partners Asset Management, Tundra Fonder, Xact Kapitalförvaltning, Ålandsbanken Fondbolag, Öhman Fonder.

Associate members:
Advokatfirman Evander, Apriori Advokatbyrå, Bloomberg LP, Citi, Deloitte, Gernandt & Danielsson Advokatbyrå, KPMG, MFEX, Morningstar, PwC, SEB Fund Services, Wesslau Söderqvist Advokatbyrå.

 

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